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Unit of study_

Strategic Behaviour - ECOS3012

Year - 2018

To think and act strategically, one needs to evaluate the effect of one's actions on the actions of others. As most economic decisions are strategic, such as the decision to lower a price or introduce a new tax, economics, if it is to avoid simplistic models, requires a theoretical framework capable of illuminating strategic behaviour. This unit offers a comprehensive, critical introduction to the theory which purports, not only to satisfy this theoretical need, but also potentially to unify the social sciences: game theory. After examining important concepts of game theory, the unit investigates the repercussions for the theory of bargaining and for the evolution of social institutions.

Classes
1x2hr lecture/week, 1x1hr tutorial/week

Assessment
Mid-semester test (35%), online quizzes (20%) and 2hr Final exam (45%)

Pre-requisites

ECOS2001 or ECOS2901

Prohibitions

ECOS3901

Details

Faculty: Arts and Social Sciences

Semester 2

30 Jul 2018

Department/School: Economics
Study Mode: Normal (lecture/lab/tutorial) day
Census Date: 31 Aug 2018
Unit of study level: Senior
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: Yes
Faculty/department permission required? No
Location
Camperdown
Courses that offer this unit

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